Did you know?PROBATETrustsDid you know? – Under a trust a creditor only has one year to collect or file suit to enforce debt
April 14, 2021by RaxterLaw
LEGAL LIMITS FOR CREDITORS TO FILE LAWSUITS TO COLLECT California has a special statutes of limitation dealing with claims against deceased persons. This rule bar any lawsuit on a liability (debt) of a deceased person unless the lawsuit is filed before the first anniversary of the decedent’s death. This one-year legal limit applies to debts...